The bonds come out of the trade war declared by US President D. Trump after the imposition of high duties. From this development it appears that the bond market, which continued its upward course yesterday, will be the big winner. The risk of recession, as a result of this policy, turns investors to “bond security” and as a result their prices are moving upward. It is indicative that in the US, where there is a greater risk that the economy will slip into recession (JP Morgan yesterday increased the chances of recession to 60%from 40%) the 10 -year bond yield fell below 4%, for the first time last October. Markets are provoking that the US Federal Bank (FED) will be obliged to reduce its interest rates by 0.9% by the end of the year. Analysts of Goldman Sachs, Barclays, Royal Bank of Canada and Societe Generale have already reduced forecasts […]
Source: News Beast
With 6 years of experience, I bring to the table captivating and informative writing in the world news category. My expertise covers a range of industries, including tourism, technology, forex and stocks. From brief social media posts to in-depth articles, I am dedicated to creating compelling content for various platforms.
